en.Wedoany.com Reported - POET has launched an expansion project at its bioprocessing facility in Shelbyville, Indiana (POET Bioprocessing – Shelbyville), which will double the plant's bioethanol production capacity.
The bioethanol plant held a celebration event, attended by local farmers, community members, and city and state officials. U.S. Representative Jefferson Shreve, Mayor Scott Furgeson, and executive leaders from POET's headquarters in Sioux Falls, South Dakota, delivered speeches at the event.
Matt Braun, Senior Vice President and General Manager of POET Bioprocessing, stated that the company has been committed to unlocking the power of agriculture while creating value for farm families since its inception. Doubling the capacity of this plant will help meet the growing domestic and international demand for U.S. biofuels and bioproducts, and drive rural economic development in Indiana and surrounding regions.
Upon completion of the expansion, the plant's annual bioethanol production will increase from 98 million gallons to 193 million gallons. The upgraded facility will also double its output of dried distillers grains and corn oil, and add 25 full-time employees.
In the face of low agricultural commodity prices, POET emphasized the importance of providing farmers with a stable domestic grain market. The expansion will create 32 million bushels of new demand for local farmers and improve their access to new markets and opportunities, including carbon capture, feed products, and the growing nationwide demand for E15 fuel.
Shreve noted that this $200 million investment is significant for Shelby County and Indiana agriculture. It will create a stable domestic demand of 32 million bushels of Indiana corn annually, and supporting biofuels means supporting Indiana farmers, rural communities, local jobs, and U.S. energy security.
Jason Lucas, General Manager of POET Bioprocessing – Shelbyville, expressed gratitude to team members, Shelbyville leaders, and local farmers during the event. Lucas described this as a proud moment for everyone associated with the plant, and the expansion is a testament to the team members who operate the facility daily, the farmers who supply it with grain, and the community that supports it.
Construction began in March 2026 and is expected to be completed in the fourth quarter of 2027.
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